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A/SActiveCVR 39159090Lundbergsvej 10Manufacture of other technical and industrial textiles · NACE 1396Est. 201714 employees
Revenue 2024
DKK 1,5M
-22% vs 2023
EBITDA margin
-575.2%
+15% vs 2023
Equity ratio
-6.6%
Financial strength
Net profit 2024
DKK -18,9M
+15% vs 2023
| Revenue | DKK 1,5M | -22% |
| EBITDA | DKK -8,4M | +15% |
| Net profit | DKK -18,9M | +15% |
| Total assets | DKK 87,5M | -7% |
| Equity | DKK -5,8M | -144% |
| Employees | 14 | — |
Legal name
Convert A/S
CVR number
39159090
Legal form
Aktieselskab
NACE code
1396 · Manufacture of other technical and industrial textiles
Founded
8. december 2017
Share capital
DKK 28.430.500
Employees
14 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2024-12-31
Financial year
January – December
Signatory rights
Virksomheden tegnes af den samlede bestyrelse eller af bestyrelsesformanden i forening med en direktør
Company purpose
Virksomhedens formål er at producere og sælge plader og måtter fremstillet af genanvendte tekstiler eller andet uhomogent materiale samt sådan øvrig virksomhed, der efter bestyrelsens skøn er i naturlig tilknytning hertil
Address
Lundbergsvej 10
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | -35 | -92 | -1.690 | -1.380 | -2.636 | -4.482 | 1.877 | 1.459 |
| Staff expenses | -0 | -1.887 | -3.934 | -5.007 | -5.589 | -8.043 | -11.715 | -9.853 |
| EBITDA | -35 | -1.979 | -5.624 | -6.387 | -8.225 | -12.525 | -9.838 | -8.394 |
| Depreciation & amort. | -0 | -1.514 | -6.217 | -7.150 | -9.696 | -9.795 | -10.147 | -7.249 |
| EBIT | -35 | -3.493 | -11.841 | -13.537 | -17.921 | -22.320 | -19.985 | -15.643 |
| Net financials | -3 | -261 | -337 | -1.714 | -1.409 | -876 | -2.252 | -3.414 |
| Profit before tax | -38 | -3.754 | -12.178 | -15.251 | -19.330 | -23.196 | -22.237 | -19.056 |
| Tax | -0 | -0 | -3.486 | -3.355 | -4.251 | -1.863 | -0 | -181 |
| Net profit | -38 | -3.754 | -8.692 | -11.896 | -15.079 | -21.333 | -22.237 | -18.875 |
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 72.497 | 89.429 | 122.216 | 116.471 | 112.819 | 99.818 | 94.172 | 87.497 |
| Equity | 62.462 | 58.709 | 50.017 | 38.121 | 37.043 | 35.350 | 13.113 | -5.763 |
| Long-term debt | 10.000 | 27.117 | 61.883 | 66.228 | 67.296 | 49.725 | 67.365 | 72.364 |
| Short-term debt | 35 | 3.604 | 2.165 | 6.723 | 7.333 | 14.743 | 13.694 | 20.896 |
| Total debt | 10.035 | 30.721 | 64.048 | 72.951 | 74.629 | 64.468 | 81.059 | 93.260 |
EBITDA margin
-575.2%
This company
15.8%
Market median
-3741% vs market
20172024
Equity ratio
-6.6%
This company
38.2%
Market median
-117% vs market
20172024
Return on equity
-1887527400.0%
This company
18.4%
Market median
-10258301187% vs market
20172024
Net profit margin
-1293.5%
This company
8.1%
Market median
-16069% vs market
20172024
Asset turnover
0.02×
This company
1.12×
Market median
-98% vs market
20172024
Debt / equity
16.18×
This company
0.62×
Market median
-2510% vs market
20172024
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via CVR / Virk · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via CVR / Virk · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via CVR / Virk · Period 2017-12-08 – 2017-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
FH Management | Management | 2018 | — | — |
PV Management | Management | 2022 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2020 | — | — | |
| Chairman | 2020 | — | — | |
| Chairman | 2018 | — | — | |
| Board of Directors | 2017 | — | — | |
| Chairman | 2017 | — | — | |
| Board of Directors | 2020 | — | — | |
| Chairman | 2025 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
KVADRAT A/S | Company | 33.3% | 33.3% | 2026 |
MRR 2007 HOLDING ApS | Company | 33.3% | 33.3% | 2026 |
Advance Global A/S | Company | 15.0% | 15.0% | 2026 |
KANITIPE INVESTMENT ApS | Company | 15.0% | 15.0% | 2023 |
| Individual | 33.3% | 33.3% | 2026 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
KVADRAT HOLDING A/S
Convert A/S Board members of Convert A/S also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Flemming Hynkemejer | Management | 0 companies |
| Peter Vinkler Simonsen | Management | 0 companies |
| Peter Trillingsgaard | Board of Directors | 0 companies |
| Lars Herman Petersen | Chairman | 0 companies |
| Stig Gamborg | Chairman | 0 companies |
| Lars Allan Thomassen | Board of Directors | 0 companies |
| Torben Svejgård | Chairman | 0 companies |
| Massimo Forti | Board of Directors | 0 companies |
| Helle Vingolf | Chairman | 0 companies |
| Anne Sophie Gamborg | Board of Directors | 0 companies |
| Jørgen Ballermann | Board of Directors | 0 companies |
| Jesper Fredberg Jensen | Board of Directors | 0 companies |